1 day on Rocket
$3,443 Closing Credit¹
#5122291, Sherri G Costanzo, Listing Office: RE/MAX Crossroads Properties
Fairlawn Housing Market Report April 2025•Summit County, Ohio
Housing Prices in Fairlawn, OH
How much do homes in Fairlawn, OH cost?
Housing Market Conditions
Is Fairlawn, OH a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Fairlawn is a Seller's Market
Difference Since April 2024
Since last year, Fairlawn has remained a Seller's Market.
Insight
Fairlawn is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$320,000$151/SqFt
+$50,000
+18.5%
Based on all homes sold in the last 12 months
Insight
Homes in Fairlawn have sold for 18.5% more than they did a year ago.
Summary: The median home sold price in Fairlawn was $320,000 in April 2025, up 18.5% from last year, and the median price per square foot was $151.
Median Sold Price By Cities
| City | Apr 2024 | Apr 2025 | Change YoY |
|---|---|---|---|
| Fairlawn | $270K | $320K | +18.5% |
| Akron | $130.1K | $146.7K | +12.7% |
| Bath Township | $473.5K | $525K | +10.9% |
| Copley Township | $320K | $325K | +1.6% |
Median Sold Price By Bedrooms
| Beds | Apr 2024 | Apr 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $192.8K | $200K | +3.7% |
| 33 Bedrooms | $261K | $325K | +24.5% |
| 44 Bedrooms | $393.7K | $400K | +1.6% |
| 55+ Bedrooms | $810K | $425K | -47.5% |
Summary: Fairlawn housing price by bedroom type for April 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +3.7%. The home price for 3 bedroom homes increased by +24.5%. The home price for 4 bedroom homes increased by +1.6%. The home price for 5 bedroom homes decreased by -47.5%.
How does Fairlawn, OH compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Fairlawn, OH
Housing supply in Fairlawn, OH
How many homes are available in Fairlawn, OH?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 35Last MonthApr 2025 | ||
| 312 months agoMar 2025 | +12.9 % Change MoMMar – Apr |
Summary: The Fairlawn real estate market had 35 homes for sale in Apr 2025, a 12.9 % increase compared to Mar 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 11Last MonthApr 2025 | ||
| 92 months agoMar 2025 | +22.2 % Change MoMMar – Apr |
Homes For Sale By Bedroom Count
| Beds | Mar 2025 | Apr 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 8 | 9 | +12.5% |
| 33 Bedrooms | 11 | 15 | +36.4% |
| 44 Bedrooms | 10 | 9 | -10.0% |
| 55+ Bedrooms | 2 | 2 | 0.0% |
Summary: Fairlawn housing inventory by bedroom type for April 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +12.5%. The inventory for 3 bedroom homes increased by +36.4%. The inventory for 4 bedroom homes decreased by -10.0%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Fairlawn, OH cost?
Over Asking Price3 Homes
At Asking Price2 Homes
Under Asking Price6 Homes
Insight
If you're buying a home in Fairlawn, you may be able to get a good deal. 54.5% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Fairlawn in April 2025, up by 22.2% month-over-month. Of the 11 sold homes, 55% were sold under asking, 18% were sold at asking, and and 27% were sold over asking.
Days on Market for Fairlawn, OH
How long does it take to sell a home in Fairlawn, OH?
Breakdown of Home Sale Times
Under 30 Days4 Homes
30 – 90 Days5 Homes
Over 90 Days2 Homes
Insight
Avg time on Rocket Homes in Fairlawn has remained consistent over time.
Summary: During April 2025, 11 homes were sold in Fairlawn; 36% of homes were sold within 30 days, 45% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 63 DaysThis YearApr 2025 | ||
| 75 Days1 year agoApr 2024 | -15.5 % Change YoYApr 2024 – Apr 2025 |
Summary: Homes in Fairlawn had an average listing age of 63 days in Apr 2025, down by 15.5% compared to the previous year.
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Newest Listings in Fairlawn, OH
What homes are available in Fairlawn, OH?
3 days on Rocket
$2,844 Closing Credit¹
#5123076, Shawna Ellis, Listing Office: EXP Realty, LLC.
5 days on RocketBackup offers
$3,858 Closing Credit¹
#5120194, Meredith J Davis, Listing Office: Berkshire Hathaway HomeServices Stouffer Realty
6 days on RocketBackup offers
$2,789 Closing Credit¹
#5122965, Stephen Merkle, Listing Office: EXP Realty, LLC.
$3,561 Closing Credit¹
#5121101, Sonja Halstead, Listing Office: Keller Williams Elevate
$5,522 Closing Credit¹
#5117547, Diane Weseloh, Listing Office: Keller Williams Elevate
Backup offers
$3,147 Closing Credit¹
#5113871, Mary Jo Kormushoff, Listing Office: Keller Williams Living
Backup offers
$5,936 Closing Credit¹
#5107948, Leslee T Salhany, Listing Office: Berkshire Hathaway HomeServices Simon & Salhany Realty
$2,434 Closing Credit¹
#5102694, Andrew Minton, Listing Office: M. C. Real Estate
$7,718 Closing Credit¹
#5100199, Ryan T Plowman, Listing Office: Plowman Properties LLC
#5097998, Roger L Nair, Listing Office: Keller Williams Elevate
#5093341, Gwendolyn J Petway, Listing Office: Plum Tree Realty, LLC
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MLS Disclaimers and Copyright
Based on information from MLS Now, for the period 05/01/2023 - 05/01/2025
Copyright 2025 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/21/2025, 4:20:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.